Is Ball Corp. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Ball Corp. has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be overvalued based on its current metrics, with a P/E ratio of 39, a Price to Book Value of 6.19, and an EV to EBITDA of 22.19. In comparison to peers, Avery Dennison Corp. has a P/E of 28.96, and Owens Corning has a notably lower P/E of 15.01, suggesting that Ball Corp. is trading at a premium relative to its industry counterparts.
While Ball Corp. has shown a positive return of 4.21% over the past week compared to a decline of 1.63% in the S&P 500, its year-to-date return of -11.16% significantly lags behind the S&P 500's gain of 14.40%. This underperformance over multiple periods reinforces the view that the stock is overvalued in the current market context.